#MainsFodder #PT2021
47th G7 Summit
- News: The United Kingdom has invited Indian Prime Minister as a guest to attend the summit
- It is scheduled to be held in June 2021.
- Other guest countries: Australia and South Korea
- It will be the first in-person G-7 summit in almost two years.
- Objective: To help the world build back better from the coronavirus and create a greener, more prosperous future.
47th G7 Summit
- News: The United Kingdom has invited Indian Prime Minister as a guest to attend the summit
- It is scheduled to be held in June 2021.
- Other guest countries: Australia and South Korea
- It will be the first in-person G-7 summit in almost two years.
- Objective: To help the world build back better from the coronavirus and create a greener, more prosperous future.
#MainsFodder #PT2021
K-Shaped Recovery
News: Nomura India Normalization Index suggested the impact of Covid-19 on Indian Economy and the K-Shaped Recovery.
K-shaped recovery happens when different sections of an economy recover at starkly different rates.
It includes:
- Households
- Monetary policy
- Travel, tourism and hospitality etc.
K-Shaped Recovery
News: Nomura India Normalization Index suggested the impact of Covid-19 on Indian Economy and the K-Shaped Recovery.
K-shaped recovery happens when different sections of an economy recover at starkly different rates.
It includes:
- Households
- Monetary policy
- Travel, tourism and hospitality etc.
#MainsFodder #PT2021
India-Nepal Joint Commission
- News: Recently, the 6th India-Nepal Joint Commission meeting was held.
Discussions on:
1. Nepal raised the Kalapani boundary dispute
2. Foreign Secretary-level mechanism to discuss boundary disputes.
3. Approved Serum Institute of India’s (SII) Covishield vaccine.
4. Benefit of the Integrated Check Posts (ICP) at Birgunj and Biratnagar (Nepal).
5. India to build 2 cultural heritage projects in Nepal on the ‘Pashupatinath Riverfront Development’ and the ‘Bhandarkhal Garden Restoration in Patan Durbar’.
India-Nepal Joint Commission
- News: Recently, the 6th India-Nepal Joint Commission meeting was held.
Discussions on:
1. Nepal raised the Kalapani boundary dispute
2. Foreign Secretary-level mechanism to discuss boundary disputes.
3. Approved Serum Institute of India’s (SII) Covishield vaccine.
4. Benefit of the Integrated Check Posts (ICP) at Birgunj and Biratnagar (Nepal).
5. India to build 2 cultural heritage projects in Nepal on the ‘Pashupatinath Riverfront Development’ and the ‘Bhandarkhal Garden Restoration in Patan Durbar’.
#MainsFodder #PT2021
India-Srilanka Relations
- News: Srilanka decided to rebuild a demolished memorial at Jaffna University.
- Background: The demolition of a memorial paying tribute to Tamil civilians killed during the civil war between LTTE and the Sri Lankan Army in 2009.
- It has brought attention to unaddressed issues of minority rights of Tamilians in Srilanka.
India - Sri Lanka Confidence Building Measures:
1. Currency Swap Agreements
High Level Exchanges
2. India’s Support against Terrorism
3.The Indian Housing Project
Addressing Fishermen Issue
4. Joint Exercises: Mitra Shakti Naval exercise (SLINEX).
5.SAGAR.
India-Srilanka Relations
- News: Srilanka decided to rebuild a demolished memorial at Jaffna University.
- Background: The demolition of a memorial paying tribute to Tamil civilians killed during the civil war between LTTE and the Sri Lankan Army in 2009.
- It has brought attention to unaddressed issues of minority rights of Tamilians in Srilanka.
India - Sri Lanka Confidence Building Measures:
1. Currency Swap Agreements
High Level Exchanges
2. India’s Support against Terrorism
3.The Indian Housing Project
Addressing Fishermen Issue
4. Joint Exercises: Mitra Shakti Naval exercise (SLINEX).
5.SAGAR.
#MainsFodder #PT2021
Bad Bank
- News: RBI Governor has agreed to look at a proposal for creating a Bad Bank.
Key points:
1. Function as a bank but has bad assets to start with.
2. It is an Asset Reconstruction Company (ARC) or an Asset Management Company (AMC).
3. It is not involved in lending and taking deposits
4. It helps commercial banks clean up their balance sheets and resolve bad loans.
5. US-based Mellon Bank created the first bad bank in 1988.
Bad Bank
- News: RBI Governor has agreed to look at a proposal for creating a Bad Bank.
Key points:
1. Function as a bank but has bad assets to start with.
2. It is an Asset Reconstruction Company (ARC) or an Asset Management Company (AMC).
3. It is not involved in lending and taking deposits
4. It helps commercial banks clean up their balance sheets and resolve bad loans.
5. US-based Mellon Bank created the first bad bank in 1988.
#MainsFodder #PT2021
Asmi
- It is India’s first indigenously developed 9-mm machine pistol.
- Developed by ARDE and Indian Army’s Infantry School.
Key features:
- It has an upper receiver made from aircraft-grade aluminum
- Lower receiver from carbon fiber.
- The 3D printing technology has been used for designing and prototyping
- Trigger components made by metal 3D printing.
- It has huge potential in armed forces as a personal weapon for heavy weapon detachments, commanders etc.
Asmi
- It is India’s first indigenously developed 9-mm machine pistol.
- Developed by ARDE and Indian Army’s Infantry School.
Key features:
- It has an upper receiver made from aircraft-grade aluminum
- Lower receiver from carbon fiber.
- The 3D printing technology has been used for designing and prototyping
- Trigger components made by metal 3D printing.
- It has huge potential in armed forces as a personal weapon for heavy weapon detachments, commanders etc.
#MainsFodder #PT2021
Bankapur Wolf Sanctuary
- Approved by Karnataka State Wildlife Board
- Formation of the first-ever ‘Wolf Sanctuary’ in the drylands of Bankapur of Koppal district.
- This region is interspersed with rocky hillocks and thorny vegetation.
It conserve:
1. Indian Grey wolf
2. Striped hyena
3. Golden jackal
4. Indian fox and other fauna.
Bankapur Wolf Sanctuary
- Approved by Karnataka State Wildlife Board
- Formation of the first-ever ‘Wolf Sanctuary’ in the drylands of Bankapur of Koppal district.
- This region is interspersed with rocky hillocks and thorny vegetation.
It conserve:
1. Indian Grey wolf
2. Striped hyena
3. Golden jackal
4. Indian fox and other fauna.
#MainsFodder #PT2021
Ratle Hydro Power Project
In News: The Union Cabinet has approved the investment to the Ratle Hydro Electric Project.
- Location: River Chenab in Kishtwar district of Union Territory of J& K.
- The investment will be made by a new Joint Venture Company (JVC).
- JVC Incorporated between National Hydroelectric Power Corporation and J& K State Power Development Corporation Ltd.
Significance:
1. Help in providing balancing of Grid
2. Will improve the power supply position.
Ratle Hydro Power Project
In News: The Union Cabinet has approved the investment to the Ratle Hydro Electric Project.
- Location: River Chenab in Kishtwar district of Union Territory of J& K.
- The investment will be made by a new Joint Venture Company (JVC).
- JVC Incorporated between National Hydroelectric Power Corporation and J& K State Power Development Corporation Ltd.
Significance:
1. Help in providing balancing of Grid
2. Will improve the power supply position.
#MainsFodder #PT2021
Mahatma Gandhi Institute of Education for Peace and Sustainable Development
- MGIEP is a UNESCO's category 1 Research Institute.
- Established by UNESCO in cooperation with the Government of India in 2012.
- Aim: Mobilizing the world’s youth to put into practice in their own communities the UN’s Sustainable Development Goals.
- Benefit:
1. It will support member governments
2.Provide advocacy and commission research
3. Enhance capacity building.
4. Clearing house for Education for Sustainable Development and Peace Education.
Mahatma Gandhi Institute of Education for Peace and Sustainable Development
- MGIEP is a UNESCO's category 1 Research Institute.
- Established by UNESCO in cooperation with the Government of India in 2012.
- Aim: Mobilizing the world’s youth to put into practice in their own communities the UN’s Sustainable Development Goals.
- Benefit:
1. It will support member governments
2.Provide advocacy and commission research
3. Enhance capacity building.
4. Clearing house for Education for Sustainable Development and Peace Education.
#MainsFodder #PT2021
Indian Telecom Services Performance Indicator Report
- Released by the Telecom Regulatory Authority of India (TRAI)
- TRAI is a statutory authority under Department of Telecommunications, Ministry of Communications.
- Function: It provides a broad perspective of the Telecom Services in India.
- Report presents the key parameters and growth trends of the Telecom Services as well as Cable TV etc.
Indian Telecom Services Performance Indicator Report
- Released by the Telecom Regulatory Authority of India (TRAI)
- TRAI is a statutory authority under Department of Telecommunications, Ministry of Communications.
- Function: It provides a broad perspective of the Telecom Services in India.
- Report presents the key parameters and growth trends of the Telecom Services as well as Cable TV etc.
#MainsFodder #PT2021
Shramshakthi Portal
- Launched by Ministry of Tribal Affairs (MoTA)
- It is a National Migration Support Portal called ShramShakti.
- Function: Helps in the smooth formulation of State and National level programs for migrant workers.
- It also launches Shram-Saathi, a training manual for migrant workers.
Shramshakthi Portal
- Launched by Ministry of Tribal Affairs (MoTA)
- It is a National Migration Support Portal called ShramShakti.
- Function: Helps in the smooth formulation of State and National level programs for migrant workers.
- It also launches Shram-Saathi, a training manual for migrant workers.
#MainsFodder #PT2021
Smart Anti Airfield Weapon
- DRDO successfully test fired Smart Anti-Airfield Weapon (SAAW).
- SAAW is indigenously designed and developed by DRDO’s Research Centre Imarat.
Key features:
1. It is a high precision guided bomb
2. It is light weight as compared to weapon system of the same class.
3. 125 Kg class smart weapon
4. It is capable of engaging ground enemy airfield assets up to a range of 100 kms.
Smart Anti Airfield Weapon
- DRDO successfully test fired Smart Anti-Airfield Weapon (SAAW).
- SAAW is indigenously designed and developed by DRDO’s Research Centre Imarat.
Key features:
1. It is a high precision guided bomb
2. It is light weight as compared to weapon system of the same class.
3. 125 Kg class smart weapon
4. It is capable of engaging ground enemy airfield assets up to a range of 100 kms.
#MainsFodder #PT2021
India Innovation Index Report 2020
- Initiated by NITI Aayog in 2019
this report is based on Global Innovation Index (GII).
- It ranks countries annually.
- The indicators include
1. The level and quality of education
2. Number of highly skilled professionals
3. Investment in R&D, FDI inflows
4. Internet subscribers etc.
- Innovation Index is divided in to three categories
1. Major states
2. Union Territories
3. Hill and North East states.
India Innovation Index Report 2020
- Initiated by NITI Aayog in 2019
this report is based on Global Innovation Index (GII).
- It ranks countries annually.
- The indicators include
1. The level and quality of education
2. Number of highly skilled professionals
3. Investment in R&D, FDI inflows
4. Internet subscribers etc.
- Innovation Index is divided in to three categories
1. Major states
2. Union Territories
3. Hill and North East states.
#MainsFodder #PT2021
Risa
- Tripura Chief Minister has made it his style statement to sport the Risa.
- It is a customary hand-woven cloth used by Tripura’s tribal communities.
- The customary Tripuri female attire has 3 parts - Risa, Rignai and Rikutu.
Key features:
- It is used as a head gear, stole, female upper cloth.
- presented to honour a distinguished recipient.
- Adolescent Tripuri girls are first given risa to wear in an event called Risa Sormani.
- The event involves prayers to a Lampra god.
- Rignai is primarily used to cover lower part of the body.
- Rituku
1. Covers the upper half of
the body, wrapping it all around.
2. Used to cover the head of newly married Tripuri women.
Risa
- Tripura Chief Minister has made it his style statement to sport the Risa.
- It is a customary hand-woven cloth used by Tripura’s tribal communities.
- The customary Tripuri female attire has 3 parts - Risa, Rignai and Rikutu.
Key features:
- It is used as a head gear, stole, female upper cloth.
- presented to honour a distinguished recipient.
- Adolescent Tripuri girls are first given risa to wear in an event called Risa Sormani.
- The event involves prayers to a Lampra god.
- Rignai is primarily used to cover lower part of the body.
- Rituku
1. Covers the upper half of
the body, wrapping it all around.
2. Used to cover the head of newly married Tripuri women.
The day which brought the biggest change in our country. The day on which worlds biggest Democratic Republic was formed. The day on which our Fundamental Rights were officially guaranteed. The day on which we could proudly call ourselves Indians. The Day of Commencement of the Indian Constitution - 26th of January, 1950.
Happy Republic Day.
Happy Republic Day.
Republic Day Offer
Strive Prelims Test Series 2021
Total Tests 52
( Including 15 Mocks Tests, 10 Current Affairs, and 5 CSAT )
Price - @Rs 1499 only (Save 2500)
Offer Valid for Today..
Enroll Now.
https://rzp.io/l/PTTests2021
Strive Prelims Test Series 2021
Total Tests 52
( Including 15 Mocks Tests, 10 Current Affairs, and 5 CSAT )
Price - @Rs 1499 only (Save 2500)
Offer Valid for Today..
Enroll Now.
https://rzp.io/l/PTTests2021
#MainsFodder #PT2021
Draft Arctic Policy
- By Indian government
- This draft rides on five pillars:
1. Science and research activities
2. Economic and human development cooperation
3. Transportation and connectivity
4. Governance and international cooperation
5. National capacity building.
Goal:
1. Understanding scientific and climate-related linkages between the Arctic and the Indian monsoons.
2. To harmonise polar research with the third pole (the Himalayas)
3. To advance the study and understanding of the Arctic within India.
- India has an ‘Observer’ status in the Arctic Council.
Draft Arctic Policy
- By Indian government
- This draft rides on five pillars:
1. Science and research activities
2. Economic and human development cooperation
3. Transportation and connectivity
4. Governance and international cooperation
5. National capacity building.
Goal:
1. Understanding scientific and climate-related linkages between the Arctic and the Indian monsoons.
2. To harmonise polar research with the third pole (the Himalayas)
3. To advance the study and understanding of the Arctic within India.
- India has an ‘Observer’ status in the Arctic Council.
#MainsFodder #PT2021
Changes in Corporate Social Responsibility Rules
- The Ministry of Corporate Affairs has introduced changes to the CSR Rules.
Key features:
1. Mandating Impact Assessment for big CSR projects
2. Revamping the reporting formats of the Board report
3. Mandatory disclosure of all CSR projects
4. CSR Committee's composition on the company’s website.
5. Allow CSR activities to be carried through charitable trusts.
- Annual action plan for CSR has to be approved by the company Board.
- All CSR projects must be registered from April 1 in new Form CSR-1.
Changes in Corporate Social Responsibility Rules
- The Ministry of Corporate Affairs has introduced changes to the CSR Rules.
Key features:
1. Mandating Impact Assessment for big CSR projects
2. Revamping the reporting formats of the Board report
3. Mandatory disclosure of all CSR projects
4. CSR Committee's composition on the company’s website.
5. Allow CSR activities to be carried through charitable trusts.
- Annual action plan for CSR has to be approved by the company Board.
- All CSR projects must be registered from April 1 in new Form CSR-1.
#MainsFodder #PT2021
Regulation of Non-Banking Financial Companies
News: RBI has created a four-tier structure for a tighter regulation of (NBFCs).
Key features:
1. The regulatory framework will be anchored on proportionality.
2. The four-layered structure includes: Base Layer, Middle Layer, Upper Layer and Top Layer.
- Proposed classification of NPAs of base layer NBFCs from 180 days to 90 days overdue.
Regulation of Non-Banking Financial Companies
News: RBI has created a four-tier structure for a tighter regulation of (NBFCs).
Key features:
1. The regulatory framework will be anchored on proportionality.
2. The four-layered structure includes: Base Layer, Middle Layer, Upper Layer and Top Layer.
- Proposed classification of NPAs of base layer NBFCs from 180 days to 90 days overdue.
#MainsFodder #PT2021
Akash-NG Missile
- Conducted by DRDO
- It is a new generation Surface to Air Missile.
- Use by Indian Air Force.
- Aim: Intercepting high maneuvering low RCS aerial threats.
Key features:
- It has a Command and Control system, onboard avionics
- It has aerodynamic configuration.
- Better deployability compared to other similar systems with canisterized launcher
- Much smaller ground system footprint.
Akash-NG Missile
- Conducted by DRDO
- It is a new generation Surface to Air Missile.
- Use by Indian Air Force.
- Aim: Intercepting high maneuvering low RCS aerial threats.
Key features:
- It has a Command and Control system, onboard avionics
- It has aerodynamic configuration.
- Better deployability compared to other similar systems with canisterized launcher
- Much smaller ground system footprint.
#MainsFodder #PT2021
Climate Adaptation Summit 2021
- Hosted online by the Netherlands government.
Focus:
- On securing new investments to ensure that millions of smallholder farmers
- It can adapt to the stresses of climate on food production.
- It launched an Adaptation Action Agenda
Functions:
- deliver concrete new endeavors and partnerships
- It makes our world more resilient to the effects of climate change.
Climate Adaptation Summit 2021
- Hosted online by the Netherlands government.
Focus:
- On securing new investments to ensure that millions of smallholder farmers
- It can adapt to the stresses of climate on food production.
- It launched an Adaptation Action Agenda
Functions:
- deliver concrete new endeavors and partnerships
- It makes our world more resilient to the effects of climate change.